Third annual report
from Ball State University highlights concerns over whether Indiana has enough qualified workers to meet demands of the increasingly
technical sectors.
The automaker says the investment will help retain 1,200 jobs, pave way for production of new eight-speed transmissions.
Engineers at Rolls-Royce Corp.’s Indianapolis manufacturing facility will work for the next year to design, develop
and test an upgrade for a digital engine control the company is making for the U.S. Army’s OH-58 Kiowa Warrior helicopter.
A cargo trailer maker may close its manufacturing facility in Middlebury, potentially costing 150 workers their jobs.
Indianapolis-based machine tool maker lost $1.5 million in its second fiscal quarter, which was much greater than the loss
it reported in the same period last year.
The parent of locally based lithium-ion battery maker EnerDel is putting together hundreds of millions of dollars in financing
to fund a business plan that could bring revenue to nearly $1 billion within five years.
The parent company of lithium-ion battery maker EnerDel has landed a $65 million investment from its largest shareholder.
Toyota began manufacturing the Highlander SUVs in November 2000 and has been making between 1,000 to 9,000 gasoline vehicles
a month. In April, it produced about 1,900 units.
Aluminum giant Alcoa Inc. reached a tentative agreement on a new contract with its largest union Tuesday. It still must be ratified by union members in Indiana and seven other states.
Battery company will offer expertise to help Wanxiang build Chinese factory, fill backlogs. Indiana employment could reach 3,000, but there’s no target date for achieving that milestone.
The Anderson plant, which opened in 2006 and makes aircraft parts, has about 40 employees.
A Franklin manufacturing facility is planning a $9.4 million expansion project that would more than double employment over
the next two years.
The $13 million bond would be used to lower the price of the abandoned plant to help lure a company that is considering
manufacturing solar panels at the site.
One of Shelby County’s largest employers is suing NatCity Investments Inc. to try to recover nearly $8 million in losses on
auction-rate securities. Knauf Insulation filed suit in Shelby Superior Court in March, saying NatCity should repay the money
in accordance with a settlement the bank reached with federal regulators in March 2009.
UAW official says General Motors and prospective buyer are working on a “real aggressive” schedule to have the acquisition
completed by the end of June.
Navistar Inc. has notified state leaders that its Indianapolis Casting Corp. foundry at 5565 Brookville Road will close in
July, costing about 220 employees their jobs.
The Columbus-based engine maker sees sales increase in developing countries such as China, India and Brazil.
The one-year agreement calls for the Indianapolis-based company to supply aviation fuel to the Defense Energy Support Center
in Virginia.
TailGate Beer said it will invest millions of dollars in machinery, equipment and energy-efficiency upgrades to establish
operations in an existing 48,000-square-foot building in Franklin Business Park.
Knauf Insulation will idle employees in June for at least six months, as demand for its building products remains soft.
